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Goldman Sachs & Morgan Stanley Dual Upgrade Alert
Monday, August 31, 2015 - 8:44am | 432Morgan Stanley (NYSE: MS) shares have plummeted 13 percent in the past one month, while Goldman Sachs Group Inc (NYSE: GS) shares have lost 9 percent. Evercore ISI’s Glenn Schorr upgraded the ratings on both the companies from Hold to Buy. Schorr said that the valuations of both the...
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Buy Bank Of America's Plan To Be More 'Offensive On Growth'?
Thursday, May 28, 2015 - 3:47pm | 436Evercore analyst Glenn Schorr reiterated a Buy rating on Bank of America Corp (NYSE: BAC) with an $18 price target last week after meeting with CFO Bruce Thompson and learning that the company plans to become “a little more offensive on growth.” After a long period of Bank of...
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Morgan Stanley May Be Slow To Acquire All Of Smith Barney
Thursday, November 4, 2010 - 12:48am | 134Morgan Stanley (NYSE: MS) has options in terms of how quickly it can increase its stake in Smith Barney, the brokerage firm that Morgan Stanley acquired 51% of from Citigroup (NYSE: C). Nomura Holdings analyst Glenn Schorr said in a note that Morgan Stanley agreement with Citigroup gives it options...
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Morgan Stanley May Slow To Acquire All Of Smith Barney
Thursday, November 4, 2010 - 12:45am | 134Morgan Stanley (NYSE: MS) has options in terms of how quickly it can increase its stake in Smith Barney, the brokerage firm that Morgan Stanley acquired 51% of from Citigroup (NYSE: C). Nomura Holdings analyst Glenn Schorr said in a note that Morgan Stanley agreement with Citigroup gives it options...